©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
BUSN 1003 Exam 1 Questions and
Answers 100% Solved
ethics - ✔✔Principles of right and wrong that influence behavior are known
as
profitable - ✔✔The global social responsibility pyramid consists of good
global corporate citizenship, ethical behavior, obeying the law, and being
philanthropy - ✔✔The term for charitable donations that aim to benefit
mankind is
Sarbanes-Oxley Act of 2002 - ✔✔The ______ established protections for
whistleblowers, recordkeeping requirements for public companies, and
penalties for non-compliance.
lawsuits resulting from illegal behavior - ✔✔_______ can hurt a company's
profitability
ethics officer - ✔✔An _____ is an employee who integrates the
organization's ethics and values initiatives, compliance activities, and
business conduct practices into the company's decision-making processes
,©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
corporate social responsibility pyramid - ✔✔The _____ is a guide for
thinking about the day-to-day practical and moral matters that businesses
encounter
training program in ethics - ✔✔Organizing a _____ is one way for
managers to support high ethical standards.
corporate social responsibility - ✔✔Because businesses create certain
problems (such as environmental pollution), they should also help solve
those problems. This statement is an argument in favor of
help solve the problems they create - ✔✔Alvarez Construction Company
was hired by the county to build a meeting hall at Greenleaf Park. During its
work, the company left trash all over the construction site, displaced birds
and other wildlife, and created noise that disturbed park visitors. To make
up for the problems they caused at the park, the company organized a
company-wide clean-up week and left the park more attractive and
sustainable than ever. This is an example of the attitude that because
businesses create some problems, they should
fraud - ✔✔A form of ________ that can hurt a company is improperly
inflating reports of financial results.
, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
sweatshop - ✔✔A place where workers labor long hours for low wages,
usually under environmentally, physically, or mentally abusive conditions, is
known as a
maximizing profits - ✔✔An argument against corporate social responsibility
is that if a firm is distracted from ________, society will suffer.
the UN Global Compact - ✔✔"Businesses should uphold the abolition of
child labor" is one the principles of
sustainability - ✔✔A key area of a social audit known as ________ involves
evaluating whether a company's economic development meets present
needs without endangering the ability of future generations to meet their
own needs.
social audit - ✔✔A ________ is a systematic assessment of a company's
performance in implementing socially responsible programs, often based
on predefined goals.
corporate policy - ✔✔Evaluating a company's ________, or its stated
positions on political and social issues, is only a starting point toward
measuring its social responsibility.
BUSN 1003 Exam 1 Questions and
Answers 100% Solved
ethics - ✔✔Principles of right and wrong that influence behavior are known
as
profitable - ✔✔The global social responsibility pyramid consists of good
global corporate citizenship, ethical behavior, obeying the law, and being
philanthropy - ✔✔The term for charitable donations that aim to benefit
mankind is
Sarbanes-Oxley Act of 2002 - ✔✔The ______ established protections for
whistleblowers, recordkeeping requirements for public companies, and
penalties for non-compliance.
lawsuits resulting from illegal behavior - ✔✔_______ can hurt a company's
profitability
ethics officer - ✔✔An _____ is an employee who integrates the
organization's ethics and values initiatives, compliance activities, and
business conduct practices into the company's decision-making processes
,©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
corporate social responsibility pyramid - ✔✔The _____ is a guide for
thinking about the day-to-day practical and moral matters that businesses
encounter
training program in ethics - ✔✔Organizing a _____ is one way for
managers to support high ethical standards.
corporate social responsibility - ✔✔Because businesses create certain
problems (such as environmental pollution), they should also help solve
those problems. This statement is an argument in favor of
help solve the problems they create - ✔✔Alvarez Construction Company
was hired by the county to build a meeting hall at Greenleaf Park. During its
work, the company left trash all over the construction site, displaced birds
and other wildlife, and created noise that disturbed park visitors. To make
up for the problems they caused at the park, the company organized a
company-wide clean-up week and left the park more attractive and
sustainable than ever. This is an example of the attitude that because
businesses create some problems, they should
fraud - ✔✔A form of ________ that can hurt a company is improperly
inflating reports of financial results.
, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
sweatshop - ✔✔A place where workers labor long hours for low wages,
usually under environmentally, physically, or mentally abusive conditions, is
known as a
maximizing profits - ✔✔An argument against corporate social responsibility
is that if a firm is distracted from ________, society will suffer.
the UN Global Compact - ✔✔"Businesses should uphold the abolition of
child labor" is one the principles of
sustainability - ✔✔A key area of a social audit known as ________ involves
evaluating whether a company's economic development meets present
needs without endangering the ability of future generations to meet their
own needs.
social audit - ✔✔A ________ is a systematic assessment of a company's
performance in implementing socially responsible programs, often based
on predefined goals.
corporate policy - ✔✔Evaluating a company's ________, or its stated
positions on political and social issues, is only a starting point toward
measuring its social responsibility.
